SIF Hoteluri, managed by SIF Banat-Crisana, recorded losses of over 5 million RON in 2015

SIF Hoteluri, the current name of the company concentrating the hotel and retail holdings of SIF Banat-Crisana, remained at losses comparable to those of 2014, specifically 5.37 million RON.
Operating revenues were 12.12 million RON, an increase of 4.39% from 11.69 million RON, while operating expenses also increased by approximately 600,000 RON, to 16.91 million RON.
Total assets increased by over 40%, up to 115.98 million RON, from 82.59 million RON, while debts decreased by 14.15%, reaching 15.41 million RON.
SIF Hoteluri is 99% controlled by SIF Banat-Crisana, and at the last market price from the BVB trading session of 2.30 RON/share on January 22, its market capitalization is 73.93 million RON.

Source: Profit

Frequently Asked Questions

What were SIF Hoteluri’s losses in 2015?

SIF Hoteluri recorded a loss of 5.37 million RON in 2015, a figure comparable to the previous year’s results.

How did SIF Hoteluri’s assets perform in 2015?

The company’s total assets saw a significant increase of over 40%, rising from 82.59 million RON to 115.98 million RON.

Who is the majority shareholder of SIF Hoteluri?

SIF Hoteluri is 99% controlled by SIF Banat-Crisana, managing its hotel and retail property portfolio.